H.R. 4873 (111th): To exempt the natural aging process in the determination of the production period for distilled spirits under section 263A of the Internal Revenue Code of 1986.

Introduced:
Mar 17, 2010 (111th Congress, 2009–2010)
Status:
Died (Referred to Committee)
Sponsor
Ben Chandler
Representative for Kentucky's 6th congressional district
Party
Democrat
Text
Read Text »
Last Updated
Mar 17, 2010
Length
2 pages
 
Status

This bill was introduced on March 17, 2010, in a previous session of Congress, but was not enacted.

Progress
Introduced Mar 17, 2010
Referred to Committee Mar 17, 2010
 
Summary

No summaries available.

Cosponsors
5 cosponsors (4R, 1D) (show)
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

Widget

Get a bill status widget for your website »

Citation

Click a format for a citation suggestion:

Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


3/17/2010--Introduced.
Amends the Internal Revenue Code to exclude from determination of the production period for distilled spirits any period allocated to the natural aging process for purposes of determining whether a taxpayer can expense, rather than capitalize, interest costs paid or incurred during the production period.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

Use the comment space below for discussion of the merits of H.R. 4873 (111th) with other GovTrack users.
Your comments are not read by Congressional staff.

comments powered by Disqus